SAR Televenture open offer for Grand Foundry closes with only 910 shares tendered

Open offer by SAR Televenture for Grand Foundry at Rs 2.50 per share closed with extremely poor response. Only 910 shares were tendered against the offered size of 79.11 lakh shares, and total consideration paid was just Rs 2,275. The offer ran from June 9 to June 22, 2026, with payment on July 7, 2026. Acquirer holding stays at 70.17 percent post offer, unchanged from pre offer, as the Share Purchase Agreement shares are also yet to be transferred in the acquirer's name.